Heavy selling: Is this the end of $IRYS or the start of its rise? This is the kind of move I mentioned; we have to wait for the 4-hour candle to close. We may see a bounce, but its current movement is concerning. Its market cap reached $1.2 billion and has now fallen back to $535 million. This makes its inflationary behavior resemble that of the LAB coin, like BTW. Ultimately, a collapse doesn’t happen quickly unless the team runs out of liquidity and wants to dump the coin.